23 Feb 2017 As soot blankets Port Harcourt
The air in parts of Port Harcourt has been darkened by soot over the past few months, raising a cloud of concerns about the attendant health impacts. Citizens in parts of Port Harcourt, Nigeria, are getting worried about the air they breathe. To put it another way, many citizens are afraid to breathe. And that can be deadly.
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22 Feb 2017 Modular refineries: How workable is FG’s proposal
ACTING President Yemi Osinbajo, last week in Port Harcourt, the Rivers State capital, announced to the admiration of Niger Deltans of Federal Government’s plan to license the operation of modular refineries.
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21 Feb 2017 Stakeholders applaud FG on proposed modular refineries in Niger Delta
Stakeholders, including an environmentalist and a local refinery operator Mr Roland Kiente, have commended the proposed liberisation of modular refineries to drive development in the Niger Delta region
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14 Feb 2017 Ogoni Clean-up will cost $1b, Niger Delta needs a new vision says Osinbajo
In continuation of a series of interactive engagements with leaders in oil-producing communities in the Niger Delta region in Port Harcourt Rivers State the Acting President Yemi Osinbajo revealed that the Ogoni Clean-Up project flagged off in 2016 will cost $1billion and the funds will be provided by Shell Petroleum Development Company.
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6 Feb 2017 Oil theft, pipeline vandalism costs Nigeria $.4.7bn in one year
The Executive Secretary of the Nigerian Extractive Industries Transparency Initiative, NEITI, Mr. Waziri Adio has lamented that the inability of the country’s oil and gas operators to create an effective command center to monitor and analyse its oil production was behind the loss of over $4.7 billion in 2013 alone, as disclosed by the NEITI’s Audit report.
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2 Feb 2017 Crude Oil Hits $56 as Russia Joins OPEC Cuts
Crude oil price yesterday rose to around $56 per barrel, supported by signs that Russia and the Organisation of the Petroleum Exporting Countries (OPEC) are delivering on promised supply reductions, although a report showing a large rise in United States crude inventories curbed the price gains.
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2 Feb 2017 N420bn Illegal Crude, Diesel Seized by Nigerian Navy in 2016
The Nigerian Navy has disclosed that it confiscated 810,725 metric tonnes of crude oil and 1.1 million metric tonnes of illegally refined diesel, with a total value put at N420.1 billion in 2016.
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